News Summary

• Battery materials startup LeydenJar has closed a €13 million ($15.2 million) round to scale up manufacturing of its silicon anode technology.
• The Netherlands-based startup will use the funding, along with a €10 million commitment from the U.S. customer, to build the first phase of its facility, PlantOne, in Eindhoven, Netherlands.
• Today, a majority of the world’s lithium-ion batteries, and the graphite anodes within them, are made in China.